Answer Posted / debasis das
Security is an assignment of money payable under an
agreement for sale of land,and,owing to misinterpretation
of facts by the vendor as to the quality etc. of the
land.It is a Non-Negotiable Instrument.
| Is This Answer Correct ? | 15 Yes | 12 No |
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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
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